(Bloomberg) -- Inflation in China, the world's fastest-growing major economy, probably breached the central bank's target ceiling for a second month as food costs soared, adding pressure on the central bank to raise interest rates.
Consumer prices gained 3.1 percent in April from a year earlier, according to the median estimate of 17 economists in a Bloomberg News survey, after jumping 3.3 percent in March. The statistics bureau will release the figures at 10 a.m. on May 14.
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